Fluor Announces Completion of Isononanol Plant Project for BASF and Sinopec in China

Wednesday, December 2, 2015 4:17 pm EST



Public Company Information:


Fluor completes Isononanol Plant Project for BASF and Sinopec in China

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it has completed a world-scale Isononanol (INA) plant for BASF and China Petroleum & Chemical Corporation (Sinopec) in the Maoming Hi-tech Industrial Development Zone, Maoming, China.

The plant, which is a first-of-its-kind in China, was recently inaugurated by the owners and will serve the growing demand for next-generation plasticizers.

Fluor applied its integrated project execution experience in China, including its knowledge of working with joint ventures involving multi-national foreign investors and Chinese national oil companies, to complete the project safely and on schedule.

"Completion of the INA plant demonstrates true excellence in execution backed by world-class safety and a focus on quality,” said Ken Choudhary, Fluor’s president of Energy and Chemicals for the Asia-Pacific region. “This project is also a testament to our partnership with BASF and Sinopec which allowed us to complete the facility on time and on budget.”

"This project is a great example of our One Fluor approach,” said Richard Meserole, Fluor’s vice president of Construction. “We used the breadth of Fluor’s tools and knowledge to provide solutions to the project. Most importantly, we delivered the project safely and in a quality manner that met the business needs of our client.”

The project is a continuation of the long-standing partnership between Fluor, BASF and Sinopec, and builds upon the successful completion of various projects at the Verbund site in Nanjing, China.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that designs and builds some of the world's most complex projects. The company creates and delivers innovative and integrated solutions for its clients in engineering, procurement, fabrication, construction, maintenance and project management on a global basis. For more than a century, Fluor has served clients in the energy, chemicals, government, industrial, infrastructure, mining and power market sectors. Headquartered in Irving, Texas, Fluor ranks 136 on the FORTUNE 500 list. With 40,000 employees worldwide, the company's revenue for 2014 was $21.5 billion. Visit Fluor at www.fluor.com and follow on Twitter @FluorCorp.


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